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The uptick in USA yields unnerved equity markets and sent Wall Street shares significantly lower on Tuesday.
The U.S. dollar rallied against a basket of major currencies on Tuesday to its highest since December, helped by a rise in U.S. Treasury yields and as data showed U.S. retail sales increased moderately in April.
Contracts for the S&P 500, Dow Jones and Nasdaq were all directionless as the Stoxx Europe 600 Index drifted.
Equity futures in Japan, Australia and Hong Kong were lower after USA stocks halted a four-day rally with the steepest slide in nearly two weeks.
"A little bit of today's jitters are related to a hangover to yesterday's wrongly placed exuberance that a trade deal was imminent and the reality is we are in for a long slugfest between the USA and China", Mackay said.
Oil prices hovered around multi-year highs, supported by concerns that US sanctions on Iran are likely to restrict crude oil exports from one of the biggest producers in the Middle East.
North Korea's possible cancellation of a June 12 summit in Singapore added to geopolitical worries for financial markets, given it could see tensions on the Korean peninsula flare up again and damage US-China efforts to resolve an ongoing trade dispute. In emerging-markets, equities dropped the most since March and currencies slumped the most in a year. The Malaysian ringgit fell for a sixth day after overseas investors pulled out a net $376 million from stocks over Monday and Tuesday in the wake of last week's election.
"The broader risk for the region if talks do break down is that Trump no longer feels the need to keep China on side and could escalate trade tensions again".
USA industrial production numbers are due this week.
The pan-European FTSEurofirst 300 index edged up 0.17 percent. NY time, the highest in nearly 15 weeks.
MSCI (Frankfurt: 3HM.F - news) 's gauge of stocks across the globe shed 0.90 percent.
"The resurgent tone for the USA dollar is largely due to, number one, the move higher in Treasury bond yields across the curve and number two, the relatively solid data we saw on retail sales", said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange Inc in Washington D.C.
Ronda Rousey Says She Will Be Pregnant 'Someday Soon' The two wrestlers will be facing each other in a singles match for the Raw's Women's Championship on June 17 Rosemont, Illinois. The 31-year-old WWE superstar has been talking about babies for a while - first bringing up the topic on "Ellen" back in 2016.
Here's A Tesla Towing A Qantas Dreamliner The achievement was announced after the ModelX P100D pulled a Boeing 787-9 Dreamliner on the tarmac for 300 metres. Although it's rated to tow 2500kg, the Model X managed to pull the 130,000 kg airplane almost 300 meters.
The MSCI Emerging Market Index was unchanged at the lowest in a week.
Benchmark 10-year notes last fell 17/32 in price to yield 3.0576 percent, from 2.995 percent late on Monday. Against the yen, the dollar was up 0.57 percent at 110.27 yen, its strongest since early February.
The euro fell to a fresh 2018 low of 1.1821, after weaker-than-expected economic growth in Germany.
The pound was a shade weaker at $1.3499 after slipping to $1.3452 on Tuesday, its lowest since December 29.
The yield on 10-year Treasuries decreased one basis point to 3.06 percent.
The MSCI Emerging Market Index declined 1.7 percent, the first retreat in more than a week and the biggest tumble in nearly seven weeks.
Britain's 10-year yield dipped two basis points to 1.493 percent.
Elsewhere, the 10-year yield slipped to 3.057%.
West Texas Intermediate crude dipped 0.3 percent to $71.12 a barrel. Gold fell below $1,300 an ounce for the first time since December and the yen dropped.
Iron ore declined 0.5 percent to 485 yuan per metric ton.
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-With assistance from Ruth Carson and Andreea Papuc.
Strong winds and dust storm, followed by light showers were witnessed across the national capital, as reported by ANI. The police received almost 60 calls related to fallen trees, electricity polls and wall collapses across the region.
During the cathechesis, the pope explained the significance of the white garment worn when receiving the sacrament. Israel claims that Hamas is spurring the violence and using it for cover for attacks.
Microsoft released today three additional Windows update packages -Microsoft Releases KB4100347, KB4134660, and KB4134661. Windows 10 Nearby Share uses Bluetooth to detect nearby devices and shares content using WiFi or Bluetooth.
Wish you could listen to in-flight TV with your AirPods? We'll be testing AirFly ourselves and will let you know how it performs. AirFly is a tiny gadget from Twelve South that changes that by making any device with a 3.5mm headphone jack AirPods-compatible.
Barring his match-winning knock against Royal Challengers Bangalore , Rohit has failed to live up to the expectations this season. In order to seal qualification, they will hope Kings XI Punjab lose to both Mumbai Indians and Chennai Super Kings.
The project has also been opposed by the United States, which seeks to export its own liquefied natural gas (LNG) to Europe. Finland approved the pipeline last month and the pipeline's operator started preparatory work shortly after that.
The stock of Canadian National Railway Company (NYSE:CNI) has "Hold" rating given on Wednesday, October 26 by Stifel Nicolaus. Meridian Wealth Management LLC's holdings in Canadian National Railway were worth $515,000 as of its most recent SEC filing.
Anyway, the sixth film is called Mission: Impossible - Fallout , and it'll be in cinemas in about two months. However, Ethan hunt from the " Mission impossible " could compete with Clint Barton or Natasha Romanoff.
BSNL rolls out Rs 118 prepaid plan to take on Reliance Jio
Telecom operators in the country have kept on refreshing their prepaid plans since the entry of Reliance Jio to the Indian market. The state-run telecom operator, BSNL, recently launched Rs 39 prepaid plan that offers unlimited voice calls to the subscribers.
NES and SNES Classic Editions to return
Pre-orders sold out in advance of the launch and those hoping to buy one in-store were met with long lines and empty shelves . There will be no increase in the NES Classic Edition price for its return, as it will still be sold at $59.99.
C's Dominate 2nd Half, Take 2-0 Series Lead
It wasn't about how LeBron James would respond after a quiet 15-point effort as the Boston Celtics rolled in the opener. Who is most likely to win the 2018 NBA Championship? They're gooning the game up, and we've got to do the same thing.
"Jai Hind" replaces "Yes, ma'am" or "Yes, Sir" in MP
According to reports, the state education board said that this change will instill a sense of patriotism among the students. The opposition Congress was quick to react over the new school education department order.